KMI like other oil stocks has had a slow recovery, but I feel mid-stream still has a bright future. Nice little pop after hours on this news. Always glad to see a dividend raise and the bonus income from gas delivery during the winter storms might help share repurchases. Long KMI.
From Reuters
First-quarter performance helped Kinder Morgan raise its full-year net income forecast to as much as $2.9 billion, from a $2.1 billion expectation outlined at the end of the fourth quarter. Excluding items, the company earned 60 cents per share, well above estimates of 24 cents.
Kinder Morgan also raised its dividend by 3% to $1.08 per share for 2021.
Submitted April 22, 2021 at 12:25AM by Empirical_Spirit https://ift.tt/3n8ggzf
